The Oswego Speedway, nicknamed 'The Steel Palace' is a race track in Oswego, New York. It was built in 1951 and today is an asphaltrace track. The track is the Labor Day Weekend home of the 200-lap, non-wing, big-block supermodified Budweiser Classic and Race of Champions (a modified touring series event). In 2016 Oswego Speedway hosted the 45th edition of World Racing Group's Super DIRTcar Series Super DIRT Week. The speedway was covered by approximately 6,900 cubic feet of clay for DIRTcar modified drivers to compete in the NAPA 300, the richest dirt modified race in the world. The event took place Oct 5-9, 2016.

The track is located at 300 East Albany Street, Oswego, NY 13126, about 35 miles northwest of Syracuse near State Highway 481 just off Rt. 104; telephone 315-342-0646. The facility has covered and uncovered grandstands on the north side, as well as uncovered grandstands the south. Total seating is =/- 10,000.

Unpaved, open-field parking is available on both sides of Albany Street to the north and east of the "oval" track surface. (It is not truly an oval, but is more of a "four-corner" track. Banking is about thirteen degrees.)

Owned and operated for more than four decades by the Caruso family, the "Big O" is now owned and operated by Eric and John Torrese. Greg Furlong has won the Labor Day Weekend Classic event six times since 1999, and has finished on the podium on two other occasions. Famed Indianapolis 500 drivers Davey Hamilton, Bentley Warren and Joe Gosek are all Budweiser Classic winners. Warren won the Budweiser Classic six times from 1969 through 1998, as well as winning the ISMA Supernationals winged supermodified event in 1994 and 2006 (at the age of 66).

The modern supermodified car is a front-engine / rear-drive vehicle with a big block Chevrolet engine mounted on the left side of the chassis to maximize kinetic force for left turns on the 5/8-mile, asphalt track. The normally aspirated, fuel-injected engines make 900 or more horsepower, or one horsepower or more for each two pounds of weight (1800-lb. minimum). Up to and including the 2018 season, Oswego supermodifieds were unwinged, having wedge-shaped bodywork to provide downforce. The fastest non-wing supermodifieds were capable of circling the track in less than 16.5 seconds, averaging better than 136 miles per hour in the process. For the 2019 season, Oswego supermodifieds will utilize fixed rear-wings for downforce.

Other classes running regularly at Oswego Speedway during the season that extends from April through September include the Oswego Speedway Small Block Supermodifieds, 350 Winged Supermodifieds, DART Asphalt Modified Tour cars, Buckeye Super (winged asphalt) Sprint Cars. The track also hosts the International Supermodified Association (ISMA) and Midwest Supermodified Association (MSA) supermodifieds (both having air-strut adjustable top wings). Some Whelen Modified drivers occasionally race at Oswego including Matt Hirschman, his father Tony, Zane Zeiner, and Bryon Chew.

The fastest winged supermodifieds are capable of lapping the track in the low 15-second range at average speeds of 150 miles per hour, generating gravity forces of 4.0 and up.